IDBI Aaa Wai Maharashtra MICR CODE

Find MICR Codes for IDBI Aaa Wai Maharashtra

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MICR Code
Bank Idbi Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Eksar
Contact 9096973638
Bank Details Idbi Bank Ltd Eksar IBKL0001694
Location Aaa, Wai
City Aaa
District Wai
State Maharashtra
Pincode 415515
Country IN
Address Iaeniwasa/pesatalwaidistsataa
Note: The working hours listed are generalized for all banks. Please take a note that the bank timings may vary from branch to branch. As per guidelines issued by Reserve Bank of India, banks will not be operational on 2nd and 4th Saturdays and all Sundays of a month.

Search IDBI MICR Codes in wai

You can search through MICR Codes of Maharashtra branches in aaa of District wai in Maharashtra State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 1 branches of Idbi Bank Ltd are available with micr code -

>>Eksar

How to find MICR codes for IDBI in aaa?

IDBI aaa MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From IDBI Bank MICR codes list for aaa, one can further search by branch name specified in the table. You can find MICR codes for all IDBI aaa branches.

IDBI Bank MICR code in aaa

IDBI MICR code is a character recognition technology used by banks in the processing of cheques. IDBI Bank MICR code for aaa branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for IDBI branches in aaa, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does IDBI MICR code for aaa branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a IDBI aaa branch, sprinted using magnetic ink, are passed before a MICR reader. Initially the ink gets magnetized and when it is read, each character produces a unique waveform which can be easily identified. Thus MICR code for IDBI Bank aaa branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of IDBI MICR codes for aaa branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!

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